Ferrum's tuition & fees has increased from $30,835 (2015) to $28,380 (2025), and the rate of tuition increase is 7.96% over the past 10 years. The graduate school tuition & fees has raised from - (year 2015) to $9,000 (year 2025).
The 2025 tuition & fees are lower than last year (2024) at Ferrum College.
Ferrum's tuition increase rate is lower than the Virginia's average increase rate of 24.89%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 10.99%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 3.51% from 2015 ($43,630).
For the current academic year 2024-2025, Ferrum's COA is $45,160, which is decreased by -18.04% from last year.
The following table and chart show changes to Ferrum's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have decreased 7.96% for the last 10 years , and the 2025 tuition & fees are $27,370. The following table and chart show the tuition & fees changes at Ferrum College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,000, and it has increased 25.00% from the year 2015 to 2025.
| Year | Books & Supplies | Change by Year |
|---|
| 2015-16 | $800 | - |
|---|
| 2016-17 | $800 | |
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| 2017-18 | $800 | |
|---|
| 2018-19 | $800 | |
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| 2019-20 | $800 | |
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| 2020-21 | $800 | |
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| 2021-22 | $800 | |
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| 2022-23 | $1,000 | 25.00% |
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| 2023-24 | $1,000 | |
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| 2024-25 | $1,000 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 22.61% when a student lives on-campus facilities and 66.98% when living-off campus from the year 2015 to 2025. The following table shows the changes in living costs at Ferrum College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2015-16 | $11,995 | $8,575 | - |
|---|
| 2016-17 | $12,765 | $12,765 | 6.42% |
|---|
| 2017-18 | $13,160 | $13,160 | 3.09% |
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| 2018-19 | $13,555 | $13,555 | 3.00% |
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| 2019-20 | $14,550 | $14,550 | 7.34% |
|---|
| 2020-21 | $15,450 | $15,450 | 6.19% |
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| 2021-22 | $15,450 | $15,450 | |
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| 2022-23 | $15,780 | $15,780 | 2.14% |
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| 2023-24 | $15,780 | $15,780 | |
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| 2024-25 | $15,780 | $15,780 | |
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Compare Tuition Change to Similar Colleges
The following table compares 2025 tuition and increase rate from last year between Ferrum College and similar schools.
| 2025 | 2024 | Increase Rate |
|---|
| Ferrum College | $28,380 | $38,320 | -25.94% |
|---|
|
| Liberty University | $16,173 | $15,822 | 2.22% |
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|
| Regent University | $21,650 | $20,686 | 4.66% |
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|
| Shenandoah University | $36,950 | $36,028 | 2.56% |
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|
| Hampton University | $30,592 | $29,162 | 4.90% |
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|
| Marymount University | $40,120 | $38,250 | 4.89% |
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